The Reject Shop's whopping acquisition offers l | Jeanwest enters administration | AustralianSuper walks away from WiseTech

The Reject Shop has seen its share price skyrocket 110% after an acquisition offer from Canadian retail giant Dollarama. Jeanswest, the Australian clothing retailer, has entered administration with 90 stores to close and hundreds of jobs lost. AustralianSuper has sold its entire stake in tech gia…

Federal Budget winners + losers | 23andMe to sell confidential data | James Hardie's botched acquisition

The Labor government dropped their 2025 budget last night…with some big investments and even bigger deficits… if they get re-elected  23andMe, the genetic testing company, has filed for bankruptcy in the US as it tries to sell its assets.. Including its highly confidential customer gene data Jame…

ACCC explores Coles & Woolies breakup | Nike tripping over its own laces | AppleTV+'s $1 billion burn

The ACCC has warned that Coles and Woolworths will not be broken up… But they will face a whole lot more scrutiny. Nike has seen its revenue fall by 9% in the last quarter and warned investors that there’s more pain to come. Apple TV+ is reportedly losing over $1 billion a year even after cutting…

Myer's 40% profit plummet | Google's biggest acquisition yet | KFC's new AI zinger

Myer has seen its profit tank by 40% in its most recent half as the new CEO focuses on resetting the business. Google has announced its largest acquisition in history - acquiring cybersecurity startup Wiz for $32 billion USD. KFC and Pizza Hut’s parent company, Yum Brands, is teaming up with tech…

HBO's Max & Nine's new partnership | Bunnings' elderly opportunity | Guess shares skyrocket 30%

Warner Bros Discovery is launching its streaming platform Max in Australia this month and will use Nine Entertainment to sell the ads on its cheapest tier. Bunnings is launching a new assisted-living range to tap into Australia’s ageing population and the NDIS. Shares in retailer Guess have skyro…

Disney+ in a new battle with Foxtel | Pokemon Go's $3.5 billion fortune | Zara feeling the pain in the US

Disney is making a big play for a new demographic of customers in Australia as it adds ESPN to Disney+. The owner of Pokemon Go will sell its gaming division for $3.5 billion USD to video game developer Scopely. Zara’s owner has seen its revenue jump to over $12 billion USD for the last quarter… …

AustralianSuper is in hot water | Spotify's billion dollar payout | Meta's plan to take on Nvidia

AustralianSuper has been sued by ASIC for knowingly delaying the payment of death benefit claims for over 5 years. Spotify paid $10 billion USD to the music industry in 2024, which was the largest payout eveeeer. Meta has begun testing its own AI chip as it tries to swoop in on Nvidia’s market. …

Suncorp's secret cyclone saviour | Unilever's plan to rebuild trust | Trump causes global markets to shake

The worst of Cyclone Alfred is officially over and now its time for insurers like Suncorp to count the costs of the insurance claims. Unilever, the consumer goods company behind Dove and Magnum, is completely shifting its marketing strategy to rebuild consumer trust. Global share markets, includi…

Country Road (Group)...take me home! | Prada has its eyes on luxury | Gap pops 17%

Country Road Group has seen its earnings fall by more than 70% in the second half of 2025 after too many promotions and discounts Prada Group just strutted past its competitors with full-year revenue jump of 17%...and now it’s taking a look at a juicy acquisition target Gap has seen its share pri…

Freedom Furniture is ready for sale | Trump's latest crypto piggybank | Anthropic's $61 billion capital raise

Freedom Furniture is officially up for sale after its parent company looks to find a new owner after its big turnaround. Donald Trump has announced plans to build a strategic reserve of five cryptocurrencies - and no surprises here - cryptocurrencies saw a $300 billion USD rally. Anthropic, the A…